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Feb 7, 2013
02/13
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as a matter of fact, now the deficit is -- the amount compared to our g.d.p. is cut in half. so we are making some inroads. i want to make sure i agree, i think democrats are not afraid at all to cut the budget where it's necessary. but you need to solve this problem with three types of moves. you got to cut the budget, deal with revenues, and invest in this economy for education, energy, and infrastructure. it's a three-prorng approach. nij who thinks you can only do one of these and magically a $16 trillion debt wirl val in-- will vanish overnight is in another world that doesn't exist on this planet. i appreciate the debate that goes on here but we need to be honest, realistic, practical, in dealing with these budgetary issues and they will be tough. people will not -- i can see them now, my town hall meetings when i go to them. sale say cut the budget which we will do. don't get me wrong. we will do that. but when i go back to that same town hall meeting they'll say i didn't mean that program. that will be the story. but the fact is we have serious issues we have to deal
as a matter of fact, now the deficit is -- the amount compared to our g.d.p. is cut in half. so we are making some inroads. i want to make sure i agree, i think democrats are not afraid at all to cut the budget where it's necessary. but you need to solve this problem with three types of moves. you got to cut the budget, deal with revenues, and invest in this economy for education, energy, and infrastructure. it's a three-prorng approach. nij who thinks you can only do one of these and magically...
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Feb 8, 2013
02/13
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fur the ideas out there on the issues we face deficit, debt, immigration reform. they're out there but sitting on think tanks gathering dust. what we can do is empower those idea to meet action and encourage folks in washington to put the idea in place and define the common ground that exists and build on it. >> and to all of the moms and dads in this audience, and to anyone who loved a child like i my love my kids who are 10 and 8. the good news, we have been working to bid build problem solvers group in congress. members who are republicans, democrats and independents alike are going to come together, meet regularly, build trust, and move us forward. whenever you are on the political spectrum, there's a place for you voice to be heard, if you have the attitude to solve problems. and no labels all of you and all of us are going to drive this home. [applause] >> you've heard about step one, which is all of you the nationwide grassroots organization. you've heard about step two, the problem solvers in the congress in the united states. now it's time to hear about s
fur the ideas out there on the issues we face deficit, debt, immigration reform. they're out there but sitting on think tanks gathering dust. what we can do is empower those idea to meet action and encourage folks in washington to put the idea in place and define the common ground that exists and build on it. >> and to all of the moms and dads in this audience, and to anyone who loved a child like i my love my kids who are 10 and 8. the good news, we have been working to bid build problem...
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Feb 5, 2013
02/13
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he's a great generator for deficit. there's a lot of talk of taxes and so forth. that is a job in the pocket if you look at the real driver of our deficit and debt of unfunded liabilities are entitlement programs. to say the things we have to reform. the only party that's meeting after has been the republican party. your highness pasty pledges to do with medicare's. the senate democrats haven't passed a budget in four years. >> host: what does it say that ronald reagan is the point of reference in the party? >> guest: it shows that a huge monumental figure he was. not just what he did in the world, but to the republican party. he fundamentally reshaped the republican party in lots and lots of ways and this time has gone on, he's grown in the imagination of the republican party and he should. he was one of the great presidents of the 20th century. there's a lot to learn both in terms of principle stands in terms of countenance and tone, the way he carried himself. he was a man of extraordinary grace and dignity. he was really by his opponents and never returned in
he's a great generator for deficit. there's a lot of talk of taxes and so forth. that is a job in the pocket if you look at the real driver of our deficit and debt of unfunded liabilities are entitlement programs. to say the things we have to reform. the only party that's meeting after has been the republican party. your highness pasty pledges to do with medicare's. the senate democrats haven't passed a budget in four years. >> host: what does it say that ronald reagan is the point of...
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Feb 7, 2013
02/13
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we have a deficit. here's a project that gets substantial tax revenue without raising taxes through economic activity, through job creation. further and perhaps most importantly, it will help put our country within striking range of a long-sought goal -- true energy security. for the first time in generations, the united states with its friend and ally canada will have the capacity to produce more energy than we use, reducing or eliminating our reliance on the middle east and other volatile parts of the world. the argument has been advanced that the oil sands will increase carbon emissions and that failing to build the keystone x.l. will somehow reduce emissions. but let's look at that claim. that's the other piece. let's look at the environmental aspects of this project. today, more than 80% of all new recovery in the oil sands is being accomplished in situ, a technology that makes oil sands carbon footprint comparable to conventional drilling. in fact, the oil sands industry has reduced greenhouse gas
we have a deficit. here's a project that gets substantial tax revenue without raising taxes through economic activity, through job creation. further and perhaps most importantly, it will help put our country within striking range of a long-sought goal -- true energy security. for the first time in generations, the united states with its friend and ally canada will have the capacity to produce more energy than we use, reducing or eliminating our reliance on the middle east and other volatile...
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Feb 4, 2013
02/13
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over a trillion dollars of deficit reduction was accomplished because of the budget control act. and we did another trillion dollars of deficit reduction on the new year's eve fiscal cliff agreements that brought in more revenue by making permanent the 39.6% tax rate for high-income taxpayers and bringing in some additional spending cuts. now, that's real. my colleagues say well, no, we still have these large deficits and they're larger than they were before, but if we didn't do the budget control act and we didn't do the fiscal cliff agreements, the deficits would be much higher. and again, using some common baseline like simpson-bowles did, we have done about half of what, if you agree on the framework of simpson-bowles, we need to do. well, we have to get more done. we're not there yet. the revenues of this country traditionally have been around 19% of our economy. that's what it traditionally has been. that's what it was under president clinton when we balanced the federal budget, balanced the federal budget. we actually had surpluses. and our economy was growing, job growth,
over a trillion dollars of deficit reduction was accomplished because of the budget control act. and we did another trillion dollars of deficit reduction on the new year's eve fiscal cliff agreements that brought in more revenue by making permanent the 39.6% tax rate for high-income taxpayers and bringing in some additional spending cuts. now, that's real. my colleagues say well, no, we still have these large deficits and they're larger than they were before, but if we didn't do the budget...
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Feb 6, 2013
02/13
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we all want to fix the deficit problem. there is no question about it. but i think when they look at this bill and understand what we are really facing, i do not believe that we will have a problem there. >> [inaudible question] [talking over each other] >> it is different great obviously, we have two different versions. the house has this attrition of the workforce that has been the component and we had a combination for every new positions, we had one and then two, and we can bind both so we are on the same page. the house proposal on the attrition and we have also added congressional papers on it as well for the civilian workforce. >> [inaudible question] >> i would certainly defer to others here and the chairman. there is a real urgency here. one of the reasons that the president and his administration during his campaign, they didn't actually want the law that requires you to notify workers that they may be laid off, essentially the department of labor says the defense employers didn't have to comply with that law, it's because they knew that once t
we all want to fix the deficit problem. there is no question about it. but i think when they look at this bill and understand what we are really facing, i do not believe that we will have a problem there. >> [inaudible question] [talking over each other] >> it is different great obviously, we have two different versions. the house has this attrition of the workforce that has been the component and we had a combination for every new positions, we had one and then two, and we can bind...
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Feb 1, 2013
02/13
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and your focus on the retirement north carolina deficit -- income deficit. i appreciate the even-handed way you have approach the the hearings. you have your own suggested idea, but you have opened the hearings to witnesses from all directions and that gives us a chance, really, to test senator harkin's proposals wells other proposals and hopefully come to a good conclusion. i thank the witness for being here. i told them earlier, i look forward to hearing what they have to say. of course, we currently have the mandatory retirement plan. my instinct, my preference, would be to explore what we need to do to beef up or strengthen our voluntary retirement plans. we regularly, troubles that both corporate and union defined benefit plans have need to be careful in the changing world that we have where businesses aren't like businesses forty or fifty years ago or in the global marketplace rapidly changing, companies, employers look different than employers did some time ago. we have to be careful about decisions we make here. we're talking about about tens of mill
and your focus on the retirement north carolina deficit -- income deficit. i appreciate the even-handed way you have approach the the hearings. you have your own suggested idea, but you have opened the hearings to witnesses from all directions and that gives us a chance, really, to test senator harkin's proposals wells other proposals and hopefully come to a good conclusion. i thank the witness for being here. i told them earlier, i look forward to hearing what they have to say. of course, we...